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Math Definitions - Letter E


Electronic Funds Transfer (EFT)

Definition of Electronic Funds Transfer (EFT)

Definition of Electronic Funds Transfer (EFT)


Electronic Funds Transfer is a way of moving money between bank accounts without physically touching the cash.

You might tell a banking program on your computer to transfer the money on a single occasion, or you might set up automatic payments of bills by EFT.

Description

The aim of this dictionary is to provide definitions to common mathematical terms. Students learn a new math skill every week at school, sometimes just before they start a new skill, if they want to look at what a specific term means, this is where this dictionary will become handy and a go-to guide for a student.



Audience

Year 1 to Year 12 students

Learning Objectives

Learn common math terms starting with letter E

Author: Subject Coach
Added on: 6th Feb 2018

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